XRP Price: Whales Buy 60 Million Coins as Token Slips to $1.15. Analysts Weigh In
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TLDR XRP fell to about $1.18 on November 6, its lowest level since late August. 418.5 million XRP left Binance on November 4, the largest outflow day in nine months. US spot XRP ETFs recorded zero net flows on November 3, 4 and 5. Analysts flag $1.21 as key support, with $1.34 and the 200-week EMA near $1.36 as resistance. Analyst Ali Charts says negative social sentiment could be a contrarian signal. XRP traded near $1.18 on November 6, down about 6% on the day. It was the first time the token had changed hands below $1.19 since late August. Exchange data shows a large amount of XRP leaving trading platforms. On November 4, 418.5 million XRP exited Binance, according to analyst Darkfost .
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